ANNAPOLIS, Md. — The National Investment Center for Seniors Housing & Care (NIC) is expanding and enhancing its NIC MAP Data Service to include key metrics for the skilled nursing sector.
The new product enhancement is made through a strategic relationship with PointRight, a provider of quality metrics data and predictive analytics for post-acute care.
The data will enable operators and investors to better understand the performance of properties and markets when underwriting new deals, managing portfolios, developing strategies, conducting competitive benchmarking and gathering market intelligence.
“The availability of more and better data from [Medicare and Medicaid] and PointRight, coupled with NIC MAP’s industry-standard metrics for skilled nursing operators and investors, provides a consolidated view of key data to further inform investors in skilled nursing,” says Bill Kauffman, senior principal at NIC.
The quality metrics package increases transparency in skilled nursing by allowing for more robust property-to-property comparisons and insights into specific geographic markets.
“In addition to NIC’s quarterly Skilled Nursing Data Report and the focus of our Spring Conference on seniors housing and healthcare collaboration, this new offering signals NIC’s continuing commitment to the skilled nursing sector,” says Brian Jurutka, president and CEO of NIC. “We expect that this much-needed data and analysis will help drive informed investment, ultimately improving access and choice for America’s seniors.”
“Our post-[Affordable Care Act] environment put greater emphasis on the delivery of value over volume,” adds Steven Littlehale, executive vice president and chief clinical officer of PointRight. “Now more than ever, viewing clinical outcomes, such as re-hospitalization along with more traditional financial indicators of success is key.
Based in Annapolis, NIC is a nonprofit organization that provides data, analytics and metrics on the seniors housing industry.